EUR/USD Price Analysis: Temporary Contention Emerges Near 1.0880
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- EUR/USD fades part of the recent optimism and retests 1.0920.
- Next on the downside comes the 55-day SMA around 1.0880.
EUR/USD gives away some of the recent 2-day gains and slips back to the 1.0925/20 band on Wednesday.
In case the selling pressure gathers extra impulse, the pair could see the 55-day SMA, today at 1.0883, revisited in the near term. Below the latter, the weekly low at 1.0844 (June 23) could become the next support to watch for.
Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0578.
EUR/USD daily chart
(Click on image to enlarge)
EUR/USD
OVERVIEW | |
---|---|
Today last price | 1.0924 |
Today Daily Change | 39 |
Today Daily Change % | -0.34 |
Today daily open | 1.0961 |
TRENDS | |
---|---|
Daily SMA20 | 1.083 |
Daily SMA50 | 1.0876 |
Daily SMA100 | 1.0814 |
Daily SMA200 | 1.0574 |
LEVELS | |
---|---|
Previous Daily High | 1.0977 |
Previous Daily Low | 1.0902 |
Previous Weekly High | 1.1012 |
Previous Weekly Low | 1.0844 |
Previous Monthly High | 1.1092 |
Previous Monthly Low | 1.0635 |
Daily Fibonacci 38.2% | 1.0948 |
Daily Fibonacci 61.8% | 1.093 |
Daily Pivot Point S1 | 1.0916 |
Daily Pivot Point S2 | 1.0872 |
Daily Pivot Point S3 | 1.0842 |
Daily Pivot Point R1 | 1.0991 |
Daily Pivot Point R2 | 1.1021 |
Daily Pivot Point R3 | 1.1066 |
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